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What Are the Three Basic Functions of Money

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What are the three basic functions of money?


Definitions:

Abject Poverty

A condition characterized by extreme poverty where individuals lack the basic necessities of life, such as food, clothing, and shelter.

Public Services

Services provided by the government to its citizens, such as education, healthcare, and transportation.

Clothed

The state of being dressed or wearing garments.

Fed

A term colloquially used to refer to the Federal Reserve System, the central banking system of the United States.

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